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Cities rely upon resources outside their immediate boundaries, sometimes becoming "environmental black holes." Discuss the role of culture and trade in enabling people to live in environmental conditions that would normally preclude their ability to do so (for example, think about Las Vegas and the cultural patterns that allow people to live in this location). Are there certain environments where it is seemingly illogical for humans to live? What are some possible solutions to these problems? Or should people avoid these areas entirely?
Ending Inventory
The value of goods available for sale at the end of an accounting period.
Stockouts
Occur when an item is not available for sale or use due to insufficient stock levels, potentially leading to lost sales or production delays.
Aggregate Planning
The method of creating, examining, and upkeeping an initial, rough timetable of a company's entire operations.
Decision Variables
Variables that decision-makers control to determine the best action to take in operational and planning models.
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